Ellington Financial (EFC) Misses Q4 EPS by 15c

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Go back to Ellington Financial (EFC) Misses Q4 EPS by 15c

Ellington Financial Inc. Reports Fourth Quarter 2020 Results

February 18, 2021 4:10 PM EST

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended December 31, 2020.

Highlights

Net income of $63.2 million, or $1.44 per common share; full year 2020 net income of $17.2 million, or $0.39 per common share. Core Earnings1 of $16.0 million, or $0.37 per share. Book value per common share as of December 31, 2020 of $17.59, including the effects of dividends of $0.29 per common share for the quarter. Credit strategy gross income of $75.0 million for the quarter, or $1.69 per... More